[Delia]

What about Capital Gains taxes after a property or home is sold? If you are selling it yourself how would this be handled. Many people do not seem to think that they owe
Capital Gains. What is the current rate for Capital Gains in Mexico. Is it the same for foreigners and Mexican Citizens? Thank you Ines

[Delia]

Have heard that the artists selling their work say that they have always sold their work without paying taxes and without work permits!  Maybe with the new immigration laws they will start checking this out.  I know it hurts the legal gallery here in San Carlos and the Mexican art teachers and painters, like Hector Vari.

[Author]

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